The new head of the International Monetary Fund (IMF), Bulgaria’s Kristalina Georgieva, has said that the global economy should be prepared to handle another fresh round of economic downturn. She has been chosen to head the Washington-based organization amid a… Read More ›
An initial agreement on trade and tariffs has been agreed upon by the United States and Japan that will either completely remove or bring down the rate of tariffs on some products identified in the deal that are exchanged in… Read More ›
According to fresh analysis of their climate disclosures, it is unlikely that the targets set out in the Paris climate agreement by 2050 would be met by more than 20 per cent of the largest companies of the world. This… Read More ›
China does not want to remove the United States as the leader of the world but expects that the US would “remove all unreasonable restrictions”, said Chinese State Councilor and Foreign Minister Wang Yi in New York on Tuesday. This… Read More ›
The top federal energy regulator of the United States has warned against the vulnerabilities of the energy infrastructure of America in wake of the attacks on the oil facilities and infrastructure in Saudi Arabia There could be mass blackout in… Read More ›
A large scale experiment on development and practical use of hydrogen powered trucks would be conducted by South Korea’s biggest automaker Hyundai Motor in 2020 according to a report published by the business website Calcalist on Tuesday. While hydrogen as… Read More ›
Currently, the biggest threat to the development and growth of the global economy is the ongoing trade war between the United States and China, believes the incoming European Central Bank President Christine Lagarde. The head of the International Monetary Fund… Read More ›
There has been a slight increase in migration flow in 2018 into the OECD countries compared to 2017, claimed a new OECD report, and noted an increase in family and labor migration with a sharp decline in number of asylum… Read More ›
While the overall benchmark rate of interest in Europe has gone into the negative and some European banks charging fees from customers to hold their money, the scene in the credit card industry is entirely different. According to reports, there… Read More ›
Amid increasing calls for addressing climate change all across the world, pledges for big investments on green energy have been made by a host of the largest companies of the world such as Amazon and Google. While Amazon has set… Read More ›
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